Case Study: Community First Bank achieves tremendous growth and FDIC exam approval with Abrigo Credit Analysis

Tremendous Bank Growth through Abrigo Credit Analysis

Community First Bank, a community bank in New Iberia, LA (approx. $260M in assets, eight branches), found that each lender was performing manual credit analyses and, after an FDIC exam highlighted the need for consistency, the bank purchased Abrigo Credit Analysis from vendor Abrigo to establish a formal, standardized process.

Abrigo implemented a standardized global cash‑flow analysis and a consistent credit methodology that freed lenders to focus on originating loans and supported a dedicated credit analyst role. The FDIC’s follow‑up exam praised the consistency and thoroughness of the new system, and Community First Bank reports that Abrigo has contributed to rapid growth and allowed lenders to spend more time making loans.

Community First Bank

Lucas Menard

Credit Analyst